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United Continental and American Airlines Raise Their Revenue Forecasts [The Motley Fool]

UNITED CONTINENTAL (UAL)  More Company Research Source: The Motley Fool
Last united continental earnings: 10/16 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.united.com
PDF United Continental and American Airlines both increased their Q1 unit revenue forecasts earlier this week, but it wasn't enough to keep investors satisfied. Last week, Delta Air Lines ( NYSE:DAL ) bumped up its unit revenue forecast for the first quarter of 2018. It expects to report a 5% year-over-year increase in revenue per available seat mile (RASM) when it releases its first-quarter earnings report this Thursday. That's up from its initial guidance for a 2.5% to 4.5% increase and its March forecast of 4% to 5% RASM growth. This week, United Continental ( NYSE:UAL ) and American Airlines ( NASDAQ:AAL ) published their own first-quarter investor updates. Both carriers also raised their unit revenue forecasts. Nevertheless, investors weren't impressed -- and sent shares of United and American lower, even as the broader market rallied. American Airlines vs. United Continental Stock Performance, data by YCharts . United raises its guidance ag [Read more]

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